![[Action required] Your RSS.app Trial has Expired.](https://8v.com/info/wp-content/uploads/2026/01/rss-app-cfAqZL-75x75.png)
By , |Edited by
Jun 27, 2025, 5:05 p.m.
- Polymarket is seeking a $1 billion valuation in a funding round led by Founders Fund.
- Stablecoins like USDC are playing a crucial role in its settlement infrastructure, according to a report from Coinbase.
- The betting platform has processed over $14 billion in trading volume.
As Polymarket in a Founders Fund-led round, the “quiet winners” may be the stablecoins underpinning its settlement infrastructure, Coinbase analysts in a Friday research report.
All of the platform’s trades settle in Circle’s USDC on Polygon, creating measurable demand for the dollar-pegged token. And while lending protocols lock capital in pools, prediction markets like Polymarket cycle funds at a high velocity — settling, redeploying and transferring balances continuously, the analysts said.
STORY CONTINUES BELOW
The platform has processed more than $14 billion in lifetime trading volume. In May alone, it cleared $1 billion, with daily active traders averaging between 20,000 and 30,000.
Meanwhile, in the immediate aftermath of U.S. President Donald Trump’s re-election in November 2024, monthly volume soared to $2.5 billion, sparking corresponding spikes in USDC transfers and bridge activity.
Such flows demonstrate how stablecoins now power real-time market infrastructure. “Momentum is likely to accelerate further with a new content partnership with X, positioning prediction markets as viral social content rather than purely financial tools,” the report said.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to . For more information, see .
Tom writes about markets, bitcoin mining and crypto adoption in Latin America. He has a bachelor’s degree in English literature from McGill University, and can usually be found in Costa Rica. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. .
Top Stories
![[Action required] Your RSS.app Trial has Expired.](https://8v.com/info/wp-content/uploads/2026/01/rss-app-cfAqZL-350x250.png)
